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See translation in english Strategic Competition in Oligopolies with Fluctuating Demand

Strategic Competition in Oligopolies with Fluctuating Demand

Leslie Neubecker

Cette rubrique Livres recense et commente les ouvrages et autres publications en droit de la concurrence, droit & économie de la concurrence et en droit de la régulation. Une telle recension ne peut par nature être exhaustive et se limite donc à présenter quelques publications récentes dans ces matières. Auteurs et éditeurs peuvent envoyer les ouvrages à l’intention du responsable de cette rubrique : catherine.prieto@univ-paris1.fr.

Dynamic oligopolistic competition has implications both for the strategic management of firms and for the design of an effective competition policy. Consequently, the present book considers the issue from a private and social perspective. It discusses the potential pro- and anticollusive effects of long-term business strategies, especially for cooperation and reinvestment in production, financing and management compensation, in markets with fluctuating demand. The method of supergame theory is applied to integrate long-run decisions and different types of demand into the analysis. Aside from its contributions to the theoretical literature, the book provides valuable insights into the design of competition policy. The observed development of prices is an indicator of the extent of collusion in the market and can thereby be used to assess antitrust regulation in certain business areas, and to focus the resources of competition authorities on markets where conditions are conducive to collusion.

Author

  • Financial Conduct Authority (London)

Quotation

Leslie Neubecker, Strategic Competition in Oligopolies with Fluctuating Demand, May 2006, Concurrences N° 2-2006, Art. N° 110407

Publisher Springer

Date 13 January 2006

Number of pages 235

ISBN 9783540295563

Visites 46

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